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Saranac Lake Community Store

The first & only community-owned department store in the Northeast

Last Funded November 2018

$75,150

raised from 126 investors

Highlights

1
Raised $541k from 750 NY State residents during the financial crisis.
2
Featured story on front page of the NY Times' Sunday Business Section on Nov. 12, 2011 and in their daily video coverage.
3
Have established ourselves as a vital resource to the community by meeting the needs of local residents and organizations.
4
Signed up 1,800 people for our Customer Rewards Program since May 2017, plus 500 more in our Yarn Club.
5
Established ourselves as the source of a wide selection of locally produced products that already generate $50k in annual revenues.
6
Our customer conversion rate (the percent of those who buy once they enter) is more than 40%, very high for a brick and mortar store.
7
Opened our doors in Oct. 2011 after a largely volunteer-driven renovation of a 4,000 square foot former restaurant.

Our Founder


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Overview